Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Trump takes credit for Pfizer vaccine development, saying Americans would not have one yet without his leadership

Trump takes credit for Pfizer vaccine development, saying Americans would not have one yet without his leadership

President Trump claimed Friday that the United States would not have a coronavirus vaccine on the way if he had not been in the Oval Office to oversee its development.

“We are far ahead with vaccines,” Trump said during a White House news conference. “You would not have a vaccine if it were not for me for another 4 years.”

The president reasoned that the Food and Drug Administration would never have been able to do what he required them to do to speed up the process.

Through Operation Warp Speed, the Trump administration coordinated and invested in the rapid development of a vaccine – with the ambitious goal of having 300 million doses of a safe vaccine available by January.


Pfizer and partner BioNTech SE announced that they applied for emergency use on Friday after data from clinical trials showed that their vaccine was 95% effective in preventing infection without any serious safety concerns observed so far.

Moderna announced earlier this week that its vaccine candidate is just shy of being 95% effective, and the company is expected to apply for emergency use soon.

The promising news comes as the United States holds on for painful months ahead amid a sharp resurgence in confirmed cases. This week, the country surpassed a grim milestone as data showed that more than 254,000 Americans had been victims of the virus since the outbreak began.


Trump made the remarks when he announced several new cost-saving measures designed to lower the prices of prescription drugs.

The measures included the closure of rebates granted to pharmacy benefit managers, the linking of prices paid for medicines under Medicare, to prices paid for the same medicines in other countries, and the closure of the Uapproved Drug Initiative.

The president claimed that large pharmaceutical companies, like Pfizer, withheld the promising results of the vaccine trials until after the election because his administration pursued these actions to lower drug prices, to the detriment of large pharmaceutical companies.

Pfizer said the timing of the results had nothing to do with election day.

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